LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$201M |
| 2 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$193M |
| 3 |
Invesco NASDAQ 100 ETF
QQQM
|
+$148M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$137M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$138M |
| 2 |
SLY
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
|
+$137M |
| 3 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$120M |
| 4 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$70.9M |
| 5 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$67.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.6% |
| 2 | Financials | 2.98% |
| 3 | Healthcare | 2.91% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KEEL
4351
Keel Infrastructure Corp
KEEL
$1.92B
| $83.6K | ﹤0.01% |
56,882
-21,300
| -27% | -$24.7K |
|
|
AMPS
4352
DELISTED
Altus Power
AMPS
| $82.8K | ﹤0.01% |
15,326
+1,000
| +7% | +$4.93K |
|
4353
8x8 Inc
EGHT
$279M
| $82.7K | ﹤0.01% |
+19,552
| New | +$70.4K |
|
4354
FuelCell Energy
FCEL
$1.45B
| $81.4K | ﹤0.01% |
1,257
-211
| -14% | -$14.3K |
|
|
OTLY
4355
Oatly Group
OTLY
$476M
| $81K | ﹤0.01% |
1,977
+120
| +6% | +$4.91K |
|
4356
Planet Labs
PL
$6.94B
| $80.9K | ﹤0.01% |
+25,118
| New | +$99.6K |
|
|
ASXC
4357
DELISTED
Asensus Surgical, Inc.
ASXC
| $80.6K | ﹤0.01% |
159,581
-2,413
| -1% | -$1.44K |
|
4358
Veru
VERU
$35.5M
| $79.9K | ﹤0.01% |
6,713
+5,099
| +316% | +$59.7K |
|
4359
NGL Energy Partners
NGL
$1.94B
| $79.3K | ﹤0.01% |
20,386
-968
| -5% | -$3.13K |
|
4360
CorMedix
CRMD
$564M
| $79.3K | ﹤0.01% |
20,000
| – | – |
|
4361
Zevra Therapeutics
ZVRA
$578M
| $79.2K | ﹤0.01% |
15,531
-1,250
| -7% | -$6.74K |
|
4362
Applied Optoelectronics
AAOI
$6.14B
| $79.1K | ﹤0.01% |
13,265
| – | – |
|
4363
Playboy Inc
PLBY
$136M
| $79K | ﹤0.01% |
47,050
-13,579
| -22% | -$22.9K |
|
4364
Helix Energy Solutions
HLX
$1.34B
| $78.9K | ﹤0.01% |
10,693
+260
| +2% | +$1.85K |
|
|
SFIX
4365
Stitch Fix
SFIX
$567M
| $78.8K | ﹤0.01% |
20,467
+1,348
| +7% | +$5.11K |
|
4366
Alto Ingredients
ALTO
$338M
| $78.6K | ﹤0.01% |
27,182
| – | – |
|
4367
Rimini Street
RMNI
$457M
| $77.5K | ﹤0.01% |
16,169
| – | – |
|
4368
GoPro
GPRO
$120M
| $77.1K | ﹤0.01% |
18,613
+818
| +5% | +$3.51K |
|
4369
Mammoth Energy Services
TUSK
$122M
| $76K | ﹤0.01% |
15,732
+2,000
| +15% | +$8.29K |
|
4370
Aurora
AUR
$11.7B
| $75.9K | ﹤0.01% |
+25,806
| New | +$43.2K |
|
4371
Oxford Square Capital
OXSQ
$150M
| $75.5K | ﹤0.01% |
28,489
-2,717
| -9% | -$7.96K |
|
4372
Clear Channel Outdoor Holdings
CCO
$1.22B
| $75.3K | ﹤0.01% |
55,000
+1,000
| +2% | +$1.25K |
|
|
SVM
4373
Silvercorp Metals
SVM
$2.02B
| $75K | ﹤0.01% |
26,590
+2,883
| +12% | +$9.8K |
|
4374
Galectin Therapeutics
GALT
$230M
| $74.6K | ﹤0.01% |
51,812
-500
| -1% | -$848 |
|
|
DFTX
4375
Definium Therapeutics
DFTX
$5.6B
| $74.4K | ﹤0.01% |
20,835
+3
| +0% | +$10 |
|
Similar funds
LPL Financial's Q2 2023 Portfolio in Review
As of Q2 2023, LPL Financial held 4,765 positions worth $140B, up 8.9% from $128B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.43B of net new capital in Q2 2023, opening 284 new positions and adding to 2,591 existing holdings. Its largest new stake was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
By sector, the portfolio is most concentrated in Technology at 6.6% of assets, up from 6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $138M trimmed.
- LPL Financial's largest Q2 2023 buy was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $201M increase.
- LPL Financial's biggest Q2 2023 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $138M.
- LPL Financial fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $137M.
- LPL Financial's ten largest holdings make up 18% of its $140B portfolio in Q2 2023.
- LPL Financial opened 284 new positions and closed 181 in Q2 2023.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $140B.
Based on LPL Financial's 13F filing for Q2 2023, filed 31 Jul 2023.